Currently, the Indian stock market operates on a T+1 settlement cycle for all scrips.
For example, if an investor buys shares on Monday, he/she will receive them in their demat accounts on Tuesday. Similarly, if the shares are sold on Monday, they will receive the money in their bank accounts on Tuesday
However, stock exchanges will introduce the T+0 settlement cycle, which will work along with T+1. Under T+0, trades will be settled on the same day